Skip to content
Royalty Clerk

Texas oil lease

Producing

HOLT 1223-1221ALLOC 01

Holt 1223-1221ALLOC 01 is an oil lease in Reagan County, Texas, operated by Permian Resources Operating, LLC in the Spraberry (Trend Area) R 40 Exc field.

Oil lease dossier

9,498bbl oil, last 12 months−32% vs prior year
RRC lease
7C-20705

Is your check right?

Check my statement

Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
59,376 mcf
Oil in Jul 2026
1,080 bbl

Production by month

Oil output fell 32% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 32% over the last 12 monthsMonthly oil production and gas for HOLT 1223-1221ALLOC 01, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 9,498 bbl in the 12 months through Jul 2026, against 13,969 bbl in the 12 months before.Last 12 months: 9,498 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 32% over the last 12 monthsMonthly oil production and gas for HOLT 1223-1221ALLOC 01, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 9,498 bbl in the 12 months through Jul 2026, against 13,969 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 31.7% of the gas in Aug 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of HOLT 1223-1221ALLOC 01 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 31.7% of the gas in Aug 2024.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2024: plant to lineFlared 31.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plantShare of HOLT 1223-1221ALLOC 01 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 31.7% of the gas in Aug 2024.Share of gas by disposition code0%50%100%Apr 24: plant to lineFlared 31.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    76% · 45,382 mcf

  • Lease fuel (1)

    20% · 11,707 mcf

  • Flared (4)

    3.9% · 2,287 mcf

3.9% of the gas flared in the last 12 months. 6 months above 3%.

Who has run this lease

The operator changed 3 times, most recently in Nov 2023

Operators of this lease over timeSable Permian Resources, LLC, Mar 2020 to Jan 2021; FDL Operating, LLC, Feb 2021 to Apr 2022; Earthstone Operating, LLC, May 2022 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCMar 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating,…Nov 2023 to now
Operators of this lease over timeSable Permian Resources, LLC, Mar 2020 to Jan 2021; FDL Operating, LLC, Feb 2021 to Apr 2022; Earthstone Operating, LLC, May 2022 to Oct 2023; Permian Resources Operating, LLC, Nov 2023 to Jul 2026202120222023202420252026Changed Feb 2021Changed May 2022Changed Nov 2023Sable Permian Resources, LLCMar 2020 to Jan 2021FDL Operating, LLCFeb 2021 to Apr 2022Earthstone Operating, LLCMay 2022 to Oct 2023Permian Resources Operating, LLCNov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100May 1, 2022–
Canes Midstream Logistics LLCCasinghead gasBuys100May 30, 2024–
Canes Midstream Logistics LLCCasinghead gasGathers100May 30, 2024–
Cogent Midstream Logistics, LLCCasinghead gasGathers100May 1, 2022Nov 1, 2023
Cogent Midstream Logistics, LLCCasinghead gasBuys100May 1, 2022Nov 1, 2023

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

1,214.86 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Holt 1223-1221ALLOC 01
API numberWell no.Acreson the permit
42-383-4039701HS1,214.86

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

What Permian Resources Corporation told investors it received

Permian Resources Operating, LLC is linked to Permian Resources Corporation (PR).
Realized prices reported by Permian Resources Corporation
QuarterOil$ per bblFiling
Q2 2026$97.81SEC filing
Q1 2026$70.91SEC filing
Q4 2025$58.78SEC filing
Q3 2025$64.77SEC filing
Q2 2025$62.71SEC filing
Q1 2025$70.48SEC filing

SourcePermian Resources Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for HOLT 1223-1221ALLOC 01
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Permian Resources1,0801,0837,8636,69146$80.46$2.89
Jun 2026Permian Resources1,0821,0626,7475,67521$84.81$3.15
May 2026Permian Resources6036174,0443,3587$102.13$2.94
Apr 2026Permian Resources7397715,5963,2121,374$100.32$2.77
Mar 2026Permian Resources1,0259826,8575,449310$91.38$3.04
Feb 2026Permian Resources9649665,5114,309204$64.51$3.62
Jan 2026Permian Resources6096064,9243,837220$60.04$7.72
Dec 2025Permian Resources9909876,3925,0580$57.97$4.26
Nov 2025Permian Resources7978014,7863,56517$60.06$3.79
Oct 2025Permian Resources6926932,0811,03223$60.89$3.19
Sep 2025Permian Resources7897693,7912,61745$63.96$2.97
Aug 2025Permian Resources12814978457920$64.86$2.91
Jul 2025Permian Resources4604464,1664,05986$68.39$3.20
Jun 2025Permian Resources1651733,6352,81818$68.17$3.02
May 2025Permian Resources1031391,29869734$62.17$3.12
Apr 2025Permian Resources1,0391,04513,18711,87712$63.54$3.42
Mar 2025Permian Resources1,5671,55419,45416,72487$68.24$4.12
Feb 2025Permian Resources1,4881,48416,64913,3983$71.53$4.19
Jan 2025Permian Resources1,5881,58118,84815,8780$75.74$4.13
Dec 2024Permian Resources1,5201,51918,55516,746151$70.12$3.01
Nov 2024Permian Resources1,2841,29315,60914,15040$69.95$2.12
Oct 2024Permian Resources1,5241,50616,29714,66720$71.99$2.20
Sep 2024Permian Resources1,5931,60016,72511,5183,280$70.24$2.28
Aug 2024Permian Resources1,6381,63718,11710,4435,750$76.68$1.99
Jul 2024Permian Resources1,6001,59416,80715,033115$81.80$2.07
Jun 2024Permian Resources1,5461,55413,94812,4911$79.77$2.54
May 2024Permian Resources1,6381,64413,94011,741137$80.02$2.12
Apr 2024Permian Resources1,6091,59113,28411,8271$85.35$1.60
Mar 2024Permian Resources1,6791,68214,29712,6816$81.28$1.49
Feb 2024Permian Resources1,6471,63813,55411,89128$77.25$1.72
Jan 2024Permian Resources1,5271,52515,45812,24927$74.15$3.18
Dec 2023Permian Resources1,6961,71418,16515,9159$71.90$2.52
Nov 2023Permian Resources1,5011,48615,62513,601103$77.69$2.71
Oct 2023Earthstone Operating,1,4031,41415,18112,967187$85.64$2.98
Sep 2023Earthstone Operating,1,3101,29713,80311,818115$89.43$2.64
Aug 2023Earthstone Operating,1,6221,65314,48412,517107$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Nearby

Spraberry (Trend Area) R 40 Exc field

All leases in this field →

New drilling permits in Reagan County

Newest in the county: this lease has no coordinates.